Patrick Bet-David is a renowned entrepreneur, investor, author, and motivational speaker who has dedicated his life to empowering others and fostering financial literacy. Through his multifaceted roles and influential platforms, he has become a beacon of inspiration for aspiring entrepreneurs and individuals seeking financial freedom.
Born in Iran in 1977, Patrick Bet-David immigrated to the United States with his family at the age of five. After graduating from high school, he enrolled in California State University, Northridge, where he majored in economics.
During his time at university, Bet-David discovered his passion for entrepreneurship and started his first business, a mortgage company. However, the 2008 financial crisis hit the real estate industry hard, forcing him to pivot his career.
Undeterred, Bet-David launched Valuetainment Media, LLC in 2010. The company's flagship platform, Valuetainment, is a business and finance YouTube channel with over 3.5 million subscribers.
Through Valuetainment, Bet-David shares valuable insights on entrepreneurship, investing, and personal finance. He interviews thought leaders, industry experts, and successful entrepreneurs, offering viewers a glimpse into the minds and strategies of the business elite.
In addition to Valuetainment, Bet-David has founded and grown several other successful businesses, including:
Bet-David's passion for sharing knowledge extends beyond his YouTube platform. He has authored several best-selling books, including:
As a motivational speaker, Bet-David travels the world, delivering high-impact speeches that inspire audiences to pursue their dreams and achieve financial success.
Bet-David is deeply committed to giving back to his community and fostering financial literacy. He has donated millions of dollars to various charities and educational programs.
In 2019, he founded the Patrick Bet-David Education Fund, which provides scholarships to underprivileged students pursuing degrees in business and finance.
Patrick Bet-David's approach to business and life is guided by several core principles:
Bet-David's contributions to the business world have earned him numerous accolades and awards, including:
"The only way to become financially free is to own assets that generate passive income." - Patrick Bet-David
"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it." - Albert Einstein (quoted by Patrick Bet-David)
According to Forbes, Patrick Bet-David's net worth is estimated to be around $200 million.
Bet-David started his first business, a mortgage company, while attending university.
Valuetainment is a business and finance platform that provides valuable insights on entrepreneurship, investing, and personal finance.
Patrick Bet-David's businesses are not publicly traded. However, you can invest in his financial education programs through The Financial Gym.
The "2% Rule" is a financial principle advocated by Bet-David. It suggests that individuals should invest at least 2% of their monthly income towards long-term growth.
Bet-David holds a Bachelor of Science in Economics from California State University, Northridge.
Business | Industry | Founded |
---|---|---|
Valuetainment Media, LLC | Media and Education | 2010 |
PHP Agency | Digital Marketing | 2012 |
Centurion Coffee | Food and Beverage | 2015 |
The Financial Gym | Financial Planning | 2017 |
Space Seven | Real Estate Development | 2022 |
Award | Year | Organization |
---|---|---|
Forbes "30 Under 30" | 2016 | Forbes |
Inc. "5000 Fastest-Growing Private Companies" | 2017, 2018, 2019 | Inc. Magazine |
Entrepreneur of the Year Award | 2019 | EY Entrepreneur Of The Year |
Organization | Purpose | Donation Amount |
---|---|---|
Patrick Bet-David Education Fund | Scholarships for Business and Finance students | Undisclosed |
COVID-19 Relief Fund | Supporting individuals and businesses impacted by the pandemic | Undisclosed |
Wounded Warrior Project | Providing support to wounded veterans | $1 million |
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